Business & Economy,
Crime & Safety,
March 24th, 2010
The oversized check Mayor Ray Nagin handed Zulu on Lundi Gras may have sparked noisy debate, but a far less sensational loan from the same City Hall source likely will have a louder legacy.
When Nagin approved the $400,000 Zulu loan, he also approved a $2.5 million loan for a $25 million complex of live music venues, restaurants and commercial production studios near the intersection of St. Bernard and North Claiborne avenues in the Seventh Ward. Thursday, the City Council could vote on whether to release the money to the developer of the ambitious urban revitalization project known as Inspire.…
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